Traditional
8419 TORRESDALE AVENUE
PHILADELPHIA, PA 19136
MLS#: PAPH2685400
$850,000
Property
Beds
2
Full Baths
2
1/2 Baths
1
Year Built
1925
Sq.Footage
2,166
This mixed use property presents a unique and versatile commercial mixed-use building in the heart of an vibrant community. The ground floor of this property is home to the esteemed Tate's Restaurant, a popular dining establishment known for its culinary excellence and inviting ambiance. With a prime location on Torresdale Ave, the restaurant enjoys high visibility and foot traffic, making it an ideal spot for attracting both locals and visitors. The ground floor space features a well-designed layout, combining functionality with an aesthetic appeal that enhances the overall dining experience. Tate's Restaurant boasts a welcoming entrance, stylish decor, and a spacious dining area that caters to a diverse clientele. The kitchen is equipped with modern appliances and facilities, ensuring efficiency in food preparation and service. Above the bustling restaurant lies a private 2-bedroom residential apartment, providing a cozy and comfortable living space. The apartment is thoughtfully designed with contemporary finishes, creating a warm and inviting atmosphere. Residents can enjoy the convenience of living just above the lively restaurant while maintaining a sense of privacy. This commercial mixed-use building offers a prime investment opportunity, capitalizing on the success of Tate's Restaurant and the desirability of the 2-bedroom residential unit. The property's strategic location, coupled with the dual-use design, makes it an attractive prospect for investors seeking a dynamic and income-generating asset in a thriving neighborhood. Whether you're interested in the culinary scene or looking for a mixed-use property with potential for both commercial and residential income streams, 8419 Torresdale Ave stands as a compelling and versatile real estate opportunity. Buyer and or Agent to please verify sq. footage.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
2
-
1/2 Bathrooms
1
-
Above Grade Finished Area
1976.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Central, Forced Air
-
Main Level Bedrooms
2
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stone
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.04
-
Lot Size(square feet)
1,742
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Traditional
Price
-
Sales Price
$850,000
-
Tax Amount
$3,033
-
Sq. Footage
2,166
-
Price/SqFt
$392
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
New Construction
NO
-
Foundation Details
Block
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Graceann Tinney, Keller Williams Real Estate - Newtown
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Rippeon & Co- Team Leader
Deanna Rippeon
Call Deanna today to schedule a private showing.
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